As a sole proprietor, your personal assets are not at risk for the sake of the
business.

Name: As a sole proprietor, your personal assets are not at risk for the sake of the business.
Brand: Quizplus
Rating: 4.7 (35 reviews)

Question

Quizplus · Accepted Answer

As a sole proprietor, your personal assets are at risk for the sake of the business. This means that if the business incurs debt, lawsuits or other financial obligations, your personal assets such as your home or personal bank accounts may be used to satisfy those obligations.

As a Sole Proprietor, Your Personal Assets Are Not at Risk